US SB1375 | 2011-2012 | 112th Congress
Status
Spectrum: Partisan Bill (Democrat 4-0)
Status: Introduced on July 14 2011 - 25% progression, died in committee
Action: 2011-07-14 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on July 14 2011 - 25% progression, died in committee
Action: 2011-07-14 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Ending Excessive Corporate Deductions for Stock Options Act - Amends the Internal Revenue Code to: (1) limit the employer tax deduction for stock options granted to its employees to the value of such options as recorded on the employer's books at the time such options are granted; and (2) apply the $1 million limitation on the employer tax deduction for employee remuneration to stock option compensation.
Title
Ending Excessive Corporate Deductions for Stock Options Act
Sponsors
Sen. Carl Levin [D-MI] | Sen. Sherrod Brown [D-OH] | Sen. Claire McCaskill [D-MO] | Sen. Sheldon Whitehouse [D-RI] |
History
Date | Chamber | Action |
---|---|---|
2011-07-14 | Senate | Read twice and referred to the Committee on Finance. |
2011-07-14 | Senate | Sponsor introductory remarks on measure. (CR S4616-4620) |
Same As/Similar To
SB2075 (Related) 2012-02-07 - Read twice and referred to the Committee on Finance.
Subjects
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/112th-congress/senate-bill/1375/all-info |
Text | https://www.congress.gov/112/bills/s1375/BILLS-112s1375is.pdf |